Core Viewpoint - Smithfield Foods (SFD.US) anticipates growth in sales and adjusted operating profit for the fiscal year 2025, driven by strong demand for packaged meats and cost-cutting measures [1][2] Group 1: Financial Performance - In Q4 2024, Smithfield Foods reported revenue of $3.95 billion, a year-over-year decline of 1.0%, but exceeded expectations by $510 million [1] - The company expects net sales to grow in the low to mid-single-digit percentage range for the full year, following a decline of 3.4% in fiscal year 2024 [2] - The packaged meats segment accounted for nearly 59% of total sales, with Q4 sales in this segment increasing by 2.2% year-over-year [2] Group 2: Profitability Metrics - The operating profit for the packaged meats segment in Q4 was $313 million, with an operating profit margin of 12.7% [2] - Q4 earnings per share were $0.54, compared to a loss of $0.25 per share in the same period last year [2] - Adjusted operating profit for Q4 was $315 million, up from $230 million year-over-year, with an adjusted operating profit margin of 8.0% [2] Group 3: Liquidity and Future Projections - As of December 29, 2024, the company had $3.245 billion in available liquidity, including $943 million in cash and cash equivalents, and $2.303 billion in available funds under committed credit lines [2] - For fiscal year 2025, the company projects adjusted operating profit to be between $1.1 billion and $1.3 billion, with the midpoint exceeding the reported $1.12 billion for the 12 months ending December 29, 2024 [2]
包装肉类需求强劲 史密斯菲尔德食品(SFD.US)预计2025财年销售额和利润均将增长